This paper considers the contribution of information and communications technology (ICT), to international productivity performance. It first uses an international industry data set and a growth accounting framework, to show that ICT has typically had a lower impact on productivity in Europe...

Industrial policy in any economy has a number of varying and occasionally conflicting objectives, but the overarching intention of the various grants, subsidies and support schemes, arguably, must be to improve the economic performance of the plants they assist directly. However, in the absence...